Exchange and Clearing House Participants

Admission Criteria
Forms and Explanatory Notes

Updated: 18 July 2008

Operational Setup
List of documents required to be completed for fulfilling the operational requirements of HKSCC

Types / Name of Documents Lead-time required
1. Board Resolution (sample)
       		                       
2. Company Particulars Form for New CCASS Participant
         		1 - 2 weeks
3. Authorisation Forms for Arrangement of Designated Bank Account
               		3 - 4 weeks
3.1    Non-Investor Participant Direct Debit Authorisation and Authorisation to Disclose Information
Form
          
3.2   Non-Investor Participant Debit Authorisation for Electronic Payment Instruction and Authorisation to Disclose Information Form
                 
3.3 Non-Investor Participant Debit Authorisation for Clearing House Automated Transfer System (CHATS) Payment Instruction and Authorisation to Disclose Information Form
    
3.4 List of Designated Banks for CCASS Non-Investor Paricipants
         		For reference   
4. Documents for Installation of CCASS Terminal
           		6 weeks
4.1 Application for Installation of CCASS/3 Terminal(s)
         
4.2 CCASS/CCMS SDNet Line Service Application Form - for Participants of HKSCC
       
4.3 CCASS Terminal Requirements
    		For reference
4.4 CCASS/3 Terminal Installation Procedure
    		For reference
5. Documents for setting up Authorised Users
     		1 - 2 weeks
5.1 Smartcard Request Form for New CCASS Participant
  
5.2 User Profile List for Delegated Administrator for New CCASS Participant
  
5.3 Guidance Notes on Applicant's CCASS User Profile
  		For reference
5.4 Administration Right Listing
    		For reference
5.5 User Access Level Assignment
          		For reference
6. Stock Segregated Account Maintenance Form for New Participant
     		1 - 2 weeks
6.1

Guidance Notes on Completing Stock Segregated Account Maintenance Form for New Participant
   

For reference
7. List of Authorised Signatories with Specimen Signatures
     		1 - 2 weeks
8. Authorisation to HKSCC on Causing Endorsements to be made on Instruments of Transfer as Selling Broker's Agent
    		1 - 2 weeks
8.1 Explanatory Notes for Completion of the Form of "Authorisation to HKSCC on Causing Endorsements to be made on Instruments of Transfer as Selling Broker's Agent"
    		For reference
8.2 Appendix I, Appendix II, Appendix III
                    		For reference